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While property damage from the storm is already second only to Katrina, the impact to business operations and cargo movement may double or triple total losses. However, logistics providers are getting better at minimizing the scale of disruption.
Smaller occupiers are getting squeezed out in the hyper competitive market for industrial space, reports The Wall Street Journal. Companies that were offering perks to lure staff back to offices have begun to dial back, according to Commercial...
The vast majority of the white-collar workers who had clustered in big cities and expensive suburbs before the pandemic stayed put even as they stopped going into the office.